While the German government is pouring hundreds of billions of euros into rearmament and war, the jobs massacre in the automotive, supplier, chemical, steel and other key industries continues unabated and is now extending to the services sector.
The trade unions are ensuring that job cuts proceed smoothly, and that any resistance is crushed at the outset. True to the motto “Everyone dies alone,” they isolate affected workforces from one another and downplay the scale of the disaster.
According to estimates by credit agency Creditreform, the number of corporate insolvencies in Germany has risen sharply. With…